Developing a truly integrated smart-city platform
Smart cities lack overarching intelligence to become meaningful for the citizens
Most smart-city approaches today start with small and mostly unsuccessful pilots such as smart parking - experience shows that these initiatives often lack true impact and are abandoned after a short time due to missing sustainable business models and cross-vertical interoperability.
Implementing a cross-vertical organization that integrates vertical use cases and allows cross-vertical (data-driven) business models:
For our customer, Arthur D. Little developed an innovative service offering that allowed the city to utilize all available information from the respective verticals, enabling data-driven business models and a centrally managed and coordinated approach to help in becoming smartest city in the world.
Establishing a central “service enabler” for smart cities increases the competitiveness of a city and allows for significant GDP growth enhancement
Research shows that a “horizontal” platform contributes to GDP growth by 7–15%, while pilot installations have virtually no impact on the city’s GDP. This becomes apparent as the exchange and availability of more meaningful data allows the city to drive more qualified use cases and the implementation of business models that include local businesses and external service providers (such as application developers).
A high-level SCaaS (smart-city-as-a-service) revenue-stream model
Becoming the smart-city-as-a-service enabler will transform our business fundamentally – paving the way to becoming a solution provider within this field